Chase Ritz-Carlton Credit Card Review (Discontinued)

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Chase Ritz-Carlton Rewards Credit Card Review

2018.7 Update3: The links are all dead now. R.I.P.

2018.7 Update2: A working link is found! Apply Now! Act Fast!

2018.7 Update: The official page of this card https://creditcards.chase.com/credit-cards/ritz-carlton-rewards is now automatically redirected to the Marriott plus card. This indicates this card is possibly discontinued. Anyone card find a working link??

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.

Benefits

  1. Earn two Free Nights (FN) at Tier 1-4 after spending $4000 in 3 months from account opening. Since Ritz are all luxury hotels, you can easily save more than $600+ by redeeming these 2 FN certificates. The best offer is 140k Ritz-Carlton points which only appeared in a short time, and the second best offer is 3 FN.
  2. The Ritz-Carlton points are equivalent to Marriott points. We estimate that Marriott points are worth about 0.8 cents/point, see below for a brief introduction.
  3. Earn 5x points at Ritz and Marriott. Earn 2x points at dining, airlines and car rental. Earn 1 point per dollar spent on all other purchases.
  4. $300 air credit every calendar year. You can use it for lounge passes, seat upgrades, baggage fees, but not directly on tickets. Different from other similar cards with air credit, you have to contact a representative to get reimbursed for this card!
  5. If you use cash to pay a stay with 2 or more nights at Ritz-Carlton, you can also enjoy $100 hotel credit, which is available to use for breakfast, spa, and entertainment.
  6. This is a visa infinite card, and it has all the visa infinite benefits. One of the most important benefit is the “Discount Air Benefit”: Save $100 on air travel when you use this credit card to book a qualifying U.S. domestic round-trip coach airline itinerary for 2 to 5 travelers through the Visa Infinite Discount Air Benefit website.
  7. Complimentary Priority Pass Select (PPS) card, which gives you free access to many airport lounges worldwide. You can bring guests with you.
  8. Complimentary Ritz-Carlton Gold status (which is equivalent to Marriott Gold status) for the first year. After that, spend $10k each year to get the Gold status renewed. Spend $75k to get complimentary Platinum status.
  9. Up to $100 credit for Global Entry or TSA Pre application fee.
  10. It is a metal card, and is really heavy: 28g, rank #1 in the most heavy credit cards list. It can even be used as a weapon if needed.
  11. No foreign transaction fee.
  12. Free to add authorized users. The $300 annual air credit is shared between cardholder and authorized users. The card for authorized user is also made by metal. Authorized users also have complimentary access to the lounge mentioned in 7, and free to bring guests.  Authorized users can also use the Visa Infinite $100 discount benefit mentioned in 6!

Disadvantages

  1. Annual fee: $450, not waived for the first year. Note that annual fee does not count towards the minimum spending requirement (and this is true for all credit cards)!

Introduction to Marriott Points

  • Marriott points are the most flexible transferable points (After the merging with SPG, Marriott obtained all its airline partners).
  • You can earn Marriott points with AmEx SPG, AmEx SPG Luxury, Chase Marriott Premier Plus, AmEx SPG Business, Chase Marriott Business, and a few recently discontinued cards.
  • Marriott points are stored in your Marriott account, not in your credit cards, so you won't lose your points by canceling the credit cards.
  • Your Marriott points will expire if you don't earn or spend any Marriott points in 24 months. As long as you earn make a purchase with the corresponding credit cards or stay in a hotel, or you redeem some points during the time frame, the point expiration date will be postponed accordingly.
  • Marriott points can be transferred to a lot of airlines miles (you don't have to have a Marriott related credit card to make the transfer), and the ratio is 3:1.25 (i.e. 3:1 transfer rate, plus you get 5k bonus miles for every 60k Marriott points you transfer at a time). The good options are: Alaska Airlines (AS) (Non-alliance), Japan Airlines (JL) (Oneworld), United Airlines (UA) (Star Alliance), American Airlines (AA) (Oneworld), All Nippon Airways (ANA, NH) (Star Alliance), Korean Air (KE) (SkyTeam), etc. If you use Marriott points in this way, the value is about 0.7 cents/point.
  • Marriott points can also be redeemed for hotel stays obviously. Here's the redemption chart: Marriott redemption chart. Generally speaking, you can get a better redemption value from lowest categories. If you use Marriott points in this way, the value is about 0.8 cents/point.
  • In summary, we estimate that Marriott points are worth about 0.8 cents/point.

Recommended Application Time

  1. This card is not affected by the 5/24 rule for now.
  2. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
  3. Don’t apply for more than 2 Chase credit cards within 30 days, it’s highly likely that you will get rejected.
  4. We recommend you to apply for this card after you have a credit history for more than a year.

Summary

The 2 FN offer at Ritz-Carlton is not bad, as Ritz-Carlton hotels are all luxury hotels. But obviously a point offer would be better if there is one. The $100 air discount benefit for Visa Infinite credit cards is a new and really nice feature. If you can make use of the $100 air discount, it will be really easy to set off the annual fee. Make sure you have a specific travel plan and there is indeed a Ritz-Carlton hotel in your destination before you apply for this card!

Related Credit Cards

Recommended Downgrade Options

After Applying

  • Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
  • Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn’t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be hand in to the branch or faxed.

Historical Offers Chart

This card is discontinued on 2018.07.26.

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.

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